We moved to a new primary residence in 2017 but were not able to sell our other home until 1/2/2018. Does this home sale need to be reported on 2017 taxes or 2018 taxes?

gkmizzou · ‎June 1, 2019

IsabellaG · ‎June 1, 2019

If you have to report it at all, it would be in 2018. If you don't receive a 1099-S for the sale, and you qualify to exclude all of the gain on the sale, you wouldn't have to report the sale.

See Tax Tips for Selling a Home.

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IsabellaG · ‎June 1, 2019

If you have to report it at all, it would be in 2018. If you don't receive a 1099-S for the sale, and you qualify to exclude all of the gain on the sale, you wouldn't have to report the sale.

See Tax Tips for Selling a Home.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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We moved to a new primary residence in 2017 but were not able to sell our other home until 1/2/2018. Does this home sale need to be reported on 2017 taxes or 2018 taxes?